For Sale · Specialty

730 Wilson Street, Saint John

730 Wilson Street, Saint John, NB E2M3V2

$449,000 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

93%

Lot Size

1.3 ac

About this property

PRIME DEVELOPMENT OPPORTUNITY 1.3 ACRES! An exceptional opportunity for investors, developers, and business owners! This 1.3-acre commercially zoned property features an existing 11,000 sq. ft. building and two driveways providing access from Wilson Street. Ideally located just a 2-minute walk from Sobeys, Canadian Tire, and major amenities. Excellent potential for purpose-built rental apartments, townhouses, or commercial redevelopment, subject to municipal approvals. Secure your next investment in a prime location! Contact your REALTOR® today to schedule a private viewing and explore the possibilities! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$449K
Down payment30% · $135K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$33K

Annual cash flow

$8K

Cash-on-cash

5.78%

DSCR

1.31

Going-in cap

7.27%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

85,233

Households

34,590

Median income

$90,000

Median age

44.2

Daytime population

125,552

5-yr growth

2.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 730 Wilson Street, Saint John.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.